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Bitcoin falls below $83,000 amid stalled Iran talks and oil gains
CoinDesk reported ZEC led declines among major tokens as traders leaned toward another Fed rate increase ahead of upcoming inflation and jobs data.
Bitcoin slipped below $83,000 as traders reacted to stalled Iran talks and rising oil prices, according to CoinDesk. The outlet said ZEC led losses among major tokens while Brent crude moved higher, pushing toward $108.
CoinDesk also attributed the broader crypto weakness to growing market bets on another Fed rate increase, ahead of this week’s inflation and jobs data.
Latest closeWTI crude $92.44 ▼2.3%|Brent $97.47 ▼8.6%|Bitcoin $83,535.92 ▼1.1%